Industry

Prime Minister directs proactive solutions to ensure adequate electricity supply

TH (according to VNA) January 3, 2025 22:00

Prime Minister Pham Minh Chinh has signed a directive on proactive solutions to ensure adequate electricity supply for production, business and people's lives during peak periods in 2025 and the 2026-2030 period.

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Workers of Hanoi Electricity Corporation operate and supply electricity to loads in the area.

Directive No. 1/CT-TTg dated January 3, 2025 clearly states: To proactively take early and remote solutions to ensure absolutely no power shortage in any case, the Prime Minister instructs Ministers of Ministries, Heads of agencies, Chairmen of People's Committees of provinces and centrally run cities, Chairmen and General Directors of the following Corporations: Vietnam Electricity, Vietnam Oil and Gas, Vietnam Coal - Mineral Industries Holding Corporation, Dong Bac Corporation:

Focus on implementing the task of providing enough electricity to serve socio-economic development in the period of 2025 - 2030, ensuring national energy security in the new era, the era of digital transformation, high-tech development - the era of national development with the requirement of being a particularly important political task. On that basis, promote the highest sense of responsibility, mobilize the entire political system, concentrate all resources to promote and promptly complete power source and transmission projects within the scope of management of the agency. Absolutely do not let projects and works be blocked due to slow handling of administrative procedures of ministries, branches, agencies and localities.

Closely and effectively coordinate, seriously, resolutely, synchronously and effectively implement the tasks and solutions assigned in the Government's Resolutions, Directives, Official Dispatches and directives of the Prime Minister on ensuring electricity supply for production, business and people's consumption in 2025 and the period 2026 - 2030.

The Minister of Industry and Trade is responsible to the Government and the Prime Minister for ensuring adequate electricity supply in 2025 and the following years; Directing more drastically, strengthening urging, inspection, supervision, regularly monitoring developments in electricity demand and arising factors to promptly lead and direct appropriately and effectively; periodically review and report to the Prime Minister on implementation results every quarter.

Focus on reviewing and studying the adjustment of Power Plan VIII to promptly update new requirements and strategic goals for socio-economic development; update and supplement new power source projects, green, clean and sustainable power sources, and at the same time eliminate and replace projects that are behind schedule and not suitable for the country's development requirements, to be completed before February 28, 2025.

Urgently deploy the completion of the development and promulgation of legal documents detailing the Electricity Law No. 61/2024/QH15 before February 1, 2025 to promptly bring the new policies of the Law into life, especially the mechanisms and policies related to long-term minimum contract electricity output, electricity prices and electricity service prices, mechanisms to ensure the consumption of domestically exploited gas, the principle of transferring fuel prices to electricity prices; in which, it is important to carefully study so that the regulations both meet the requirements of attracting investment and at the same time must ensure the harmony of investors' interests with the interests of the state and the people, avoiding loss, waste, and group interests.

The Minister of Industry and Trade directed to accelerate the implementation of key and urgent projects of the electricity sector, specifically:

Regarding power source projects: Direct localities to immediately select investors for power source projects in the Power Plan VIII that do not have investors such as LNG Nghi Son, LNG Quynh Lap, LNG Ca Na..., to be completed in the second quarter of 2025; speed up investment progress to complete by the third quarter of 2028 at the latest.

For power source projects expected to be completed and put into operation in 2025 (such as: Nam Cum 4 Hydropower Plant, Hoa Binh MR, Nhon Trach 3, Nhon Trach 4, Vung Ang II, Quang Trach I (1403 MW - Unit 1 connected to the grid on September 2, 2025)...): The Ministry of Industry and Trade and the People's Committees of the provinces direct and urge investors to speed up the progress of putting into operation 3 to 6 months earlier; request investors to have specific progress and operation time commitments, sent to the Ministry of Industry and Trade before January 20, 2025...

Regarding power transmission: Direct research on investment in the construction of power transmission projects according to the Power Plan VIII, strengthen strong linkages between regions, increase the ability to operate safely and stably for the National Power System, especially transmission projects serving to relieve the capacity of power plants such as Nhon Trach 3 and 4 power plants; urgently deploy construction to put the 500 kV Lao Cai - Vinh Yen transmission line into operation in 2025 to relieve the capacity of hydropower sources in the North and serve the import of electricity from China if necessary.

Focus on completing the construction of the 500 kV Monsoon - Thach My transmission line project in January 2025; study and propose investment policies for transmission line projects from hydropower projects in Laos to the northern provinces to increase electricity imports from Laos in 2025 according to the Agreement signed between the two countries...

In addition, the Prime Minister requested the Chairman and General Director of the Vietnam Oil and Gas Group to focus maximum resources to urgently organize the construction of Nhon Trach 3 and Nhon Trach 4 Thermal Power Plants, complete and put into commercial operation in June 2025; restart the construction of Long Phu I Thermal Power Plant in the first quarter of 2025 and complete it in 2026; quickly implement projects in the Block B - O Mon Gas-Power Project Chain, ensuring the progress of the first gas flow achieved by the end of 2026, supplying power plants in the O Mon Thermal Power Center to ensure synchronous progress of the gas-power chain, striving to be 1-2 years ahead of the Plan; actively handle difficulties and obstacles in the Blue Whale Gas-Power Project Chain to soon implement power plant projects according to the plan; promptly complete research to implement the pilot offshore wind power project in 2025.

The Chairman and General Director of Vietnam National Coal - Mineral Industries Group focuses on directing the rapid and drastic implementation of power source projects invested by the Group such as: Na Duong II, to be completed in 2026; synchronously, drastically and effectively implementing measures to direct, operate and organize production to improve capacity, productivity and output of domestic coal mining; closely monitor and follow the developments of weather, domestic coal supply and demand to arrange and plan appropriate coal mining operations, ensuring sufficient and stable coal supply for power plants. Promote coal mining to increase by 20% to 25% compared to 2024.

Chairmen of People's Committees of provinces and centrally run cities urgently and effectively implement the Plan to implement the Power Plan VIII approved by the Prime Minister; proactively find solutions to attract investment, promptly select investors, promote the rapid implementation of power source and grid projects in the planning and plans in the area, especially large-scale projects and baseload power projects; strive to start construction in the second quarter of 2025 and complete energization in 2027 of the following factories: LNG Quang Ninh, LNG Thai Binh. For projects that have not yet selected investors (LNG Ca Na, LNG Nghi Son, LNG Quynh Lap): People's Committees of Thanh Hoa, Nghe An, Ninh Thuan provinces urgently select investors for the projects, ensuring sufficient conditions for investment implementation in 2025...

TH (according to VNA)
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